Bittium Oyj - Total number of voting rights and capital

Bittium Corporation’s directed share issue without consideration to implement share bonus

Stock exchange release

Free for publication on March 22, 2016 at 2.30 pm (CET+1)

Bittium Corporation’s directed share issue without consideration to implement
share bonus

The Board of Directors of Bittium Corporation (the “Company”) has on 22 March
2016 decided on a directed share issue without consideration as reward payments
to the key persons of the Company (the “Share Issue”).

In the Share Issue a maximum of 58,000 new shares will be issued without
consideration to the key persons entitled to share rewards according to the
terms and conditions relating to the share rewards. A total of 9 people
belonging to the management and personnel of the Company are in the target group
of the payment. The shares issued in the Share Issue are aimed to be registered
with the Trade Register and registered on the book-entry accounts of the
recipients of the shares on March 24, 2016 and become subject to trading on the
trading list of Nasdaq Helsinki on March 29, 2016.

The decision of the directed share issue without consideration is based on the
authorization granted to the Board of Directors by the Company's Annual General
Meeting of Shareholders held on April 15, 2015. The purpose of the share issue
is to combine the interests of shareholders and key personnel to maximize the
value of the Company and to commit the key personnel to the Company and to offer
them a competitive incentive based on share ownership. There is thus an
especially weighty financial reason for the Share Issue.

Oulu, March 22, 2016

Bittium Corporation
Board of Directors

Further information:

Hannu Huttunen
CEO
Tel. +358 40 344 5258

Kari Jokela
Chief Legal Officer
Tel. + 358 40 344 5258

Distribution:

Nasdaq Helsinki Stock Exchange
Main media

Bittium

Bittium specializes in the development of reliable, secure communications and
connectivity solutions leveraging its 30years legacy of expertise in advanced
radio communication technologies. Bittium provides innovative products and
customized solutions based on its product platforms and R&D services
complementing its communications and connectivity solutions. Bittium offers
proven information security solutions for mobile devices and portable computers.
Net sales of continuing operations in 2015 were EUR 56.8 million and operating
profit was EUR 2.3 million. Bittium is listed on Nasdaq Helsinki.
www.bittium.com